International Economic

Trump slaps 25% tariffs on car, parts imports as trade war escalates

By Frank Prenesti

Date: Thursday 27 Mar 2025

(Sharecast News) - US President Donald Trump escalated his global trade war overnight, announcing plans to impose swingeing 25% tariffs on all vehicle imports and parts only days before levies on other goods take effect.
The news hit shares in automakers around the world. Japanese Prime Minister Shigeru Ishiba said his...

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